Cap. 161 Art. 28Cessation of contributions to sinking fund.
PART VI
Notwithstanding anything to the contrary contained in this Ordinance, if at any time the Accountant General is satisfied that the sinking fund of any loan raised under the provisions of this
Ordinance will be sufficient with further accumulations of interest, but without further payments of contributions, to enable the loan to be redeemed at the time fixed for its redemption, he shall inform the Minister responsible for finance accordingly and the Minister shall be recommenced if the Accountant General at any time thereafter informs the Minister responsible for finance that he is no longer satisfied that the sinking fund with further accumulations of interest will be sufficient for the redemption of that loan.
Änderungsgeschichte
- Amended by XXXIV.1972.4